Paoli, PA
Turn5, originally started in a garage, grew rapidly into a leader in eCommerce for DIY car enthusiasts but faced challenges with losses from new product launches, tight margins, and high inventory levels. Carl Marks Advisors (CMA), engaged by the lender, identified key issues in inventory management, such as excessive stock of slow-moving items and a focus on 100% fill rates. CMA worked with the company to balance inventory with demand, shift focus to private-label products to reduce competition, and confirm the efficiency of a new distribution facility to support future growth.
Stay up to date with the latest news from Carl Marks Advisors.
New York City
900 Third Ave
33rd Floor
New York, NY 10022
212.909.8400
New York, NY | Bedminster, NJ | Charlotte, NC | Houston, TX
CARL MARKS ® and CARL MARKS – CREATING VALUE ® are registered trademarks of Carl Marks & Co. Inc.
Carl Marks Advisory Group LLC is the legal entity of Carl Marks Advisors.